Latest News from Greece

ECB launches securities for Greece, Malta, Romania and Switzerland

The European Central Bank released a press statement announcing that the first group of securities depositories and their user communities from Greece, Malta, Romania and Switzerland are now connected to the T2S for settlement of euro transactions: Read the full statement:

ECB said to raise Greek bank aid third time in less than a week [Update]

By Christos Ziotis

The European Central Bank raised emergency funding for Greek lenders for the third time in less than a week, a person familiar with the decision said.

Sign the petition to cancel Greek debt

A Greek petition to cancel Greek debt is being organized by the Greek Solidarity Committee that is comprised of activists, academics and trade unionists. The petition is critical of the Greek bail-out program that began in 2010 when Greece’ debt hit 310 billion euros (133% of the GDP).

One person dies, 62 injured as bus with tourists crashes

A bus carrying tourists has overturned in Bubanj Potok, Belgrade, early on Monday, killing one passenger and injuring 62 others.

The tourists were on their way back from vacationing in Polychrono, Greece, a spokesman for the Emergency Service, Nada Macura, said.

Win-win deal sought for Greece, but it will be a forceps delivery

Greek Prime Minister Alexis Tsipras arrived in Brussels on Sunday night in the hope of clinching a deal for Greece with its international creditors. He is presenting new proposals for reforms – some painful – so as to cover the fiscal gap in his country’s budget following pressure from creditors.

Greece PM Braces for Eleventh-Hour Talks over Bailout

Eurozone leaders are set to meet on Monday in last efforts to solve a debt crisis that could force Greece out of the single currency area.

Katy Perry, Douglas Booth, Tamra Judge… Celebrity spotting in Greece! (photos)

After Kate Hudson’s visit to Skiathos last week, Katy Perry was the next big name to hit Mykonos and Santorini… She uploaded snap shots on Instagram to the world what paradise looks like.

Stranded in Greece: Oh, those poor British tourists!

More than 110,000 British tourists are in Greece enjoying the Greek islands and country’s natural beauty but the U.K. government is worried that a storm is brewing. There is concern that the holidaymakers will be stranded if the nation fails to reach a deal with creditors this week.

Greece: Weathering the last storm

Last week, I had to call my bank in Athens. I talked to a helpful lady who dealt with my query immediately. But I could not hang up without asking the situation in Greece. "Is it getting very difficult for you?" I asked. "Yes, there is a bit of tension, these days," the lady replied, calmly. It was obvious that she was told not to cause panic to customers.

Greek PM to be involved in high-level meetings in Brussels on Monday

Prime Minister Alexis Tsipras is participating in a European Council meeting on Monday says his office.

European Commission president Jean-Claude Juncker, IMF chief Christine Lagarde, ECB president Mario Draghi, and Eurogroup head Jeroen Dijsselbloem will all meet with him. Earlier in the day, the Greek prime minister will meet with the president of the European Council Donald Tusk.

Game of Thrones – When politics resembles sci-fi fantasy (photos)

Greece has completed five years of austerity just as popular “Game of Thrones” is in its fifth series and both the Greek crisis and the popular series have a great deal in common with politics, diplomatic games and danger lurking ahead. Of course, not even George R. R. Martin’s fantasy could have come up with as many cliff-hankers as Greece’s very real turmoil.